Toppan develops dual-interface smart card featuring post-quantum cryptography

Data security is entering a new era, and your payment hardware is starting to catch up. Toppan has developed the world's first 'post-quantum cryptography' (PQC) smart card. While quantum computing sounds like science fiction, it represents a real future threat to standard encryption. This card is designed to remain unhackable even against the massive processing power of future quantum computers. For retailers, this represents the next generation of hardware security for both contact and contactless transactions. You do not need to swap your terminals today, but this launch signals a shift in the manufacturing standards for credit and financing cards. As hackers become more sophisticated, lenders will eventually migrate to these PQC-enabled cards to prevent identity theft and fraudulent transactions at your point of sale. This technology ensures that even as computing power evolves, the bridge between the customer's card and your payment terminal remains secure. It is a proactive step toward protecting merchant accounts from the long-term risks of high-tech data breaches.

Source: Finextra — Lending

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